2 Carat Diamond The Ultimate Buying Guide

2 carat diamondBeautifully cut, 2-carat diamonds are relatively rare, so you’ll need to pay close attention to every detail during your search. To get the best quality stone for the price, you must know what to look for as you evaluate each diamond.

Two-carat diamonds are a popular choice for people who can stretch their budget enough to bestow a nice sized stone on someone they love. The quality of the diamond will determine the price. This means you can find 2-carat diamonds for as low as $7,500 and some that go all the way up to $50,000. This guide explains how to get the highest value for the price.

Diamond Carat is NOT Synonymous with Diamond Size

Diamond CaratMost people think that the term “diamond carat” is the same thing as “diamond size” and this is simply not true. In actuality, a diamond’s weight is measured in carats, not the size. The carat weight of a stone does not necessarily affect how large the table surface is, its depth or anything else about the shape. So, a higher carat diamond is not necessarily larger.

The size of a diamond is all about its visual appearance, how it looks. For example, if you compare two diamonds with the same carat weight, one’s an oval-shaped and the other is a round brilliant cut, the oval-shaped diamond will look larger due to the elongated shape.

Various aspects of a diamond, like the depth and surface area, will affect its size. Any two diamonds with the same carat weight will often appear in different sizes due to their cut quality and shape.

Selecting the Right Engagement Ring: Clarity, Shape, Size & Color

A beautifully cut 2 carat stone in a stunning setting would make an impressive engagement ring. No matter what shape of the stone. This is why the personal style and preferences of the recipient should be the primary considerations when choosing an engagement ring.

James Allen and Blue Nile offer 360° videos and also a Super Zoom function that lets you take a close look at each diamond.

Optimal Clarity Grade for a 2-Carat Diamond

Diamond Inclusions FlawsA diamond’s clarity tells you how many inclusions, flaws, and additional facets exist in the stone. You have to properly evaluate the clarity of 2-carat diamonds due to its size. If you compare a 1-carat diamond side-by-side with a 2-carat diamond-shaped the same, the top flat surface (table) of the 2-carat stone will likely be larger. Hence there is a bigger chance that inclusions are visible to the naked eye.

That’s why I recommend aiming for a clarity grade of at least VS1. It’s not impossible to find an eye-clean 2-carat diamond with a clarity grade of VS2. But you definitely will have to invest some time.

An eye-clean diamond with a low clarity grade may look no different than a flawless diamond. But you can buy it for a much lower price. You can find eye-clean 2-carat diamonds, however, it is much easier for a smaller diamond (lower carat weight) to be eye-clean. 

The GIA Clarity Scale

Diamond Clarity Scale VVS2 DIamondThe GIA Clarity Scale runs from Internally Flawless (IF), which is best, down to Inclusions 2 (I2) or worst. If you are considering a 2-carat diamond for an engagement ring, I recommend you get no worse than a VS1 clarity grade. This way, any inclusions, will not be seen by the naked eye. It may even be possible to find a VS2 diamond with flaws near the edges that can be concealed by the setting.

If you are willing to spend a reasonable amount of time, you should be able to find an eye clean 2-carat VVS2 diamond.

James Allen offers something that no other diamond vendor does, which is high-quality images on every diamond. This ensures that you have full transparency when it comes to clarity. Using their technology, you can clearly distinguish the clarity and overall beauty between diamonds. A diamond with a lower GIA clarity grade may be more beautiful to the naked eye than another diamond with a higher clarity grade.

The Perfect Diamond Color Grade for a Large Diamond

Although it may be almost impossible to see the distinction between diamonds of differing color grades, they will have vastly different prices. The GIA grades color on a scale that runs from D to Z, with D being the clearest or the most colorless. Z color graded diamonds have a noticeable yellowish or brownish tint.

Since it is so difficult to see differences in the color grades of diamonds, I recommend you closely examine any diamond engagement ring. 

You will want a diamond that looks white against its setting. Engagement ring settings come in platinum as well as 14k and 18k yellow gold, white gold and rose gold. A K color graded diamond may look white set in yellow gold but show a hint of color when set in white gold or platinum. You’ll want to choose a darker setting than your diamond if it’s a lower color grade. So that there is some contrast between the two.

If you’re looking at 2-carat diamonds for an engagement ring, I recommend that you consider diamonds ranging in color from G to I. These are nearly colorless and appear just as colorless as colorless diamonds ranging D to F. So you can get them for a much lower price.

How Much Does a 2-Carat Diamond Cost?

The cost of 2-carat diamonds can range from about $7,500 to $50,000. If you’re looking for a beautifully cut round brilliant 2-carat diamond, you can expect to pay around $20,800 on average. The reason it’s not priced closer to $50,000 is that this is not a perfectly cut, flawless and colorless diamond. If you find a 2-carat diamond with visible color and slight inclusions, you’ll pay closer to $7,500.

Here are two examples, with one being on the lower end of the scale and one on the higher end: 

how much is a two carat diamond

The price tag on a diamond engagement is a result of many different factors. This includes the diamond’s carat weight, clarity grade, shape, and setting. For example, a gorgeous 2.20-carat round cut diamond in a channel setting can be found for $20,840. You can also find a beautiful 2.20-carat pear cut diamond in a halo setting priced at $24,560. The only way you are going to get the most for your money is by closely comparing several 2-carat diamond engagement rings together before deciding.

Here are a couple of examples regarding the price of a 2-carat diamond:

How Much Does a 2.5 Carat Diamond Cost?

As you might know, diamonds are priced per carat. However, unlike what you might think, the cost of a diamond doesn’t go up in proportion to its size. Rather, the price of a diamond goes up exponentially as their weight increases. You can see what I’m talking about in the graphic below.

As you can see, a 2.5 diamond carat diamond might not be that much more expensive compared to a 2-carat diamond. This is because the price of a diamond jumps at each whole number.

Where to Buy a 2-Carat Diamond Ring?

If you are looking to buy an engagement ring with a size of a 2-carat diamond then I highly recommend you choose an online vendor over a common brick and mortar store. One reason for that is that online vendors can sell you diamonds of the same quality for less due to lower overhead costs. 

Furthermore, you will be able to inspect each diamond thoroughly thanks to 360-degree high-resolution videos. Vendors such as James Allen and Blue Nile offer high definition videos and pictures, as well as size simulators. 

If you have read my other guides on how to buy the best quality diamonds possible for the lowest price possible then you’ll know why. If you haven’t already then you can check out my diamond cheat sheet here. This guide will teach you all the tricks on how to find the perfect loose diamond for your engagement ring.

Compared to Most Engagement rings, is a 2-Carat Diamond be Considered Large?

Carat Size SimulatorThe average diamond engagement ring has a 0.9-carat diamond in the center, so a 2-carat diamond is large by most standards. Many people with a low budget aim for a one-carat diamond but eventually pick a slightly lighter diamond as there is a significant price difference. If your budget allows, however, you definitely can’t do anything wrong with buying a two-carat diamond.

You choose a beautifully cut round brilliant stone in a 14k white gold setting like this beautiful solitaire setting ring design. With a diamond-like this your engagement ring will certainly attract attention.

Be aware though, that this advice only applies to engagement rings. If you are looking for a wedding ring, most people opt for smaller diamonds. Some people

Conclusion – What To Keep in Mind When Shopping For A Two Carat Diamond

What are diamonds worth_No matter which cut you choose in a 2-carat diamond; a round-cut, pear cut, or emerald cut would make a spectacular choice if you’re shopping for an engagement ring. Thanks to its sparkle and significant size your diamond ring will attract a lot of attention.

If your budget allows, we recommend that you opt for a diamond with a color grade of at least VS1. Otherwise, inclusions and blemishes will be invisible to the naked eye. If you are willing to invest the time, you can try to find a VS2 diamond with inclusions near the edges of the diamond. That way the flaws might be covered by the prongs of the ring setting.

Speaking of color, I strongly recommend selecting a diamond within the nearly colorless range of G to I. On a white gold or platinum setting, diamonds in this range will look just as colorless as those in the D to F range but will cost much less. If you consider buying a yellow gold setting you can choose a lower color grade.


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